{ "media_type": "text", "post_content": "Joining a consulting firm as a SC upon getting my MBA. I would like to be protected from having to repay my bonus back in case there are changes in the economy (like a pandemic or recession) that result in lay-offs, offer rescindment, etc. - things that are beyond my control. Any advice on how I can negotiate these protections into my offer letter or would I be sending the wrong message?", "post_id": "61a0554d71150b00350e126e", "reply_count": 12, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Joining a consulting firm as a SC upon getting my MBA. I would like to be protected from having to repay my bonus back in case there are changes in the economy (like a pandemic or recession) that result in lay-offs, offer rescindment, etc. - things that are beyond my control. Any advice on how I can negotiate these protections into my offer letter or would I be sending the wrong message?

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Trying to negotiate a standardized MBA offer is not a winning strategy.

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Thanks! I read through the offer letter and it doesn't seem to have that in any of the clauses.

Traditionally they only have claw back clauses if its a voluntary leave aka leaving the company for another on purpose

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Very true but in my situation, I'm receiving half of my bonus a week after I sign.

I believe the term is a repayment agreement but basically unless you specially sign an agreement saying you will repay if you leave (voluntary or not) before a certain date you should assume you wouldn’t repay. Wouldn’t worry about it - it would also be a terrible sign if companies were clawing back signing bonuses

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My firm clawed back after a year n half !

Really simple. Don’t spend your bonus until after the claw back period if you’re that worried.

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Nice per usual, salary? Yoe?

I should have mentioned that this firm is giving me half of the bonus a week after I sign and the other half two weeks before my start date, which could be anywhere between June and August. If we've learned anything in the last year, a lot can happen in six months.

Post MBA is typically non-negotiable for the major firms.

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